On Friday afternoon, three non-governmental organizations charged that a «secret Mexican text» was being drafted that could, following Japan's lead early in the week, end efforts to create new
binding emissions restrictions to replace those that expire in 2012 under the Kyoto Protocol.
Not exact matches
Under this scheme, investors could earn credits for projects that cut
emissions in developing nations even though the host country faced no
binding restriction on its output of these gases.
Much of the rhetoric pressing for a new agreement was framed as «sealing the deal» on a new internationally legally -
binding restriction on greenhouse gas
emissions building on the model represented by the dead - end 1997 Kyoto Protocol.
That fight had been particularly intense in negotiations shaping the Kyoto Protocol, the first climate treaty with
binding restrictions on
emissions from some countries.
He said it was unfair to ask developing nations to accept
binding emissions cuts and other
restrictions being pushed for already industrialized states.